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Vietnamese mobile retailer The Gioi Di Dong disbands 2 subsidiaries tuoitrenews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tuoitrenews.vn Daily Mail and Mail on Sunday newspapers.
Bach Hoa Xanh, a retail grocery chain under Mobile World Investment Corporation, posted revenue of VND6 trillion ($242.4 million) in the first two months of 2024, a year-on-year increase of 47%, according to Mobile World. ....
Modern retail chains have been competing with traditional markets for 10 years. Despite powerful financial capability, they still have not been able to defeat traditional markets. ....
The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market. ....